payment - Investment & Finance Definition

In
trading terms, an instruction to transfer funds or a financial asset to pay for
a transaction. In the case of transferring money to pay for stock or another
investment, until the transaction settles, it is not yet final.

Sentence Examples

Payment through a banker or by written draft against deposit was frequent.

These elect a head-man (starosta) and a collector of taxes, who was responsible, at least until the ukaz of October 3906, which abolished communal responsibility for the payment of taxes, for the repartition among individuals of the taxes imposed on the commune.